Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Drops By 82.3%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 4,830,400 shares, a decrease of 82.3% from the June 30th total of 27,272,100 shares. Based on an average daily trading volume, of 37,400 shares, the days-to-cover ratio is presently 129.2 days.

Tingyi (Cayman Islands) Stock Performance

Shares of Tingyi (Cayman Islands) stock remained flat at $1.18 during trading hours on Thursday. Tingyi has a fifty-two week low of $1.17 and a fifty-two week high of $1.75. The company has a 50-day moving average price of $1.18 and a two-hundred day moving average price of $1.18.

Tingyi (Cayman Islands) Company Profile

Tingyi (Cayman Islands) Holding Corp., an investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People's Republic of China. The company operates through Instant Noodles, Beverages, and Others segments. It offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.